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Lahore Real Estate Forum: Property News & Community Talk : ,

(93167)
Monday, October 12, 2015 07:13 AM 

I have possession 5 marla plot in D block of DHA town. I want to start construction. Can someone inform me what is the current situation in this area. Is it liveable? Are shops and other facilities available?

Faisal replied on Monday, October 12, 2015 10:54 AM 

you want to start constructing your house, why not you spare half an hour and visit the place yourself?

Mustafa replied on Monday, October 12, 2015 10:56 AM 

The first house is under-construction in D block, while a few are scheduled to start in C block. You can't expect shopping areas to be constructed before ample houses are ready and ample houses cannot be ready as this area just got possession a few months ago. I would expect a 100 houses to start construction by the next 6 months. The area is habitable but in the end it depends on your preferences. In any case Askari 11-B and DHA Town Apartments border Block C, which is right next to Block D and the hosues are mostly occupied. A mosque, army school and shops are accessible directly from Askari so I would personally not mind constructing my house there at this time if I needed one. By constructing a house now you can enjoy living there and seeing a lot of houses over the next year or two, while the price of your plot increases from 55 to 75 lacs at the same time. The sooner people built more houses in the area, the sooner prices increase based on fundamentals.

E.A replied on Tuesday, October 13, 2015 03:00 AM 

Dear Mustafa
Thanks for your detailed reply....i heard the same from Lahore markeet that cinstruction of few hundred houses will start soon and by then price of an average plot will be 75...this will happen with 6-8 months...
Thanks

Mian replied on Tuesday, October 13, 2015 03:06 AM 

100 % agreed Mustafa. the best and the bestest ever 5 marla community in DHA is 9 Town, sooner as soon as construction started the prices will jump to height. i think the time bar may be 6 Months.Best time to buy or invest in 9 town is now. Most of the people dont know that it is a GATE AWAY TO PHASE 9 PROPER.

MIT replied on Tuesday, October 13, 2015 05:03 AM 

Mustafa has given a very realistic advice.
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